For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Component Solutions Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 12-14 Brunel Way, Thetford, England, IP24 1HP.

The company is part of a group.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Investments in subsidiary undertakings are recognised at cost less any permanent impairment.

The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to related parties and investments in ordinary shares.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Preparation of consolidated financial statements

The financial statements contain information about Component Solutions Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Creditors

Short term creditors are measured at the transaction price.

No significant judgements or estimates have been applied in the preparation of the financial statements.

The average monthly number of persons (including directors) employed by the company during the year was:

The cost of the investment was £3,075,283, a valuation in 2024 showed a diminishment in value which was reflected in the 2024 accounts. The directors have carried out a similar exercise in 2025 and calculated that a value of £1,700,000 is correct and the value has been updated accordingly.

The ultimate controlling party is G R Werrell, by virtue of his shareholding.